I receive texts, postcards, letters, and phone calls weekly from people interested in purchasing my small home.
I finally realized that big investors want to buy my home, so that they can turn around and charge exorbitant rental fees. That is what’s causing the home shortage in this country.
The only flaw I see in this, is vault tech is a super greedy power hungry corporation that would totally support landlords. Especially if they can convince them to do unethical social experiments.
Sorry for geeking out there. My autism was itching.
Same story all over the World we need a combi of new housing, and moving back to abandoned cities and areas. Instead of funding corporations, fund people to rebuild a home, and regenerate an eco friendly abandoned town. Add infrastructure, and we can work remotely. Win-Win.
#NORTOPOLICIES #W33E
I am a registered Democrat from NY. At the taxpayers expense: 1) Migrants are gifted pre loaded debit cards 2) food vouchers 3) FREE room & board 4) hundreds of thousands of migrant children are enrolled in school. Not to mention over run health clinics and hospitals. Maybe do ur homework first🤷🏻♀️
Technically anything that puts a strain on housing availability will give landlords an excuse to drive up prices. I’m OK with immigration, but more needs to be done than just letting people show up, if there isn’t a plan to assure the assimilation of immigrants, everyone looses.
I read an article yesterday that a major contributing factor to the housing crisis is that boomers are aging in place instead of downsizing. So, a sizeable % of family homes (3+ bedrooms) are still owned by empty nesters.
That plus after the 2008 crash, building slowed to a snail's pace
1/2
The article TRIED to say they (boomers) wouldn't have anywhere to go if they sold their homes because there's a shortage, but they'd be able to afford to BUILD a new dwelling for what they'd get from the sale of their homes, so stop making excuses for them LOL
What the oligarchs want to do is pack us all into postage stamp apartments in high rise buildings like Russia. It helps to keep us all in one place. Instead of high rise residential buildings these should be viewed as warehouses for cannon fodder and baby makers.
People don’t care about refugees they care about peeler illegally crossing our borders, they care about the large amount of criminals that are here. They care that women and children are not safe. So this post is correct. Refugees are not the problem, the criminals are!
More unoccupied houses than there are homeless people, whatever the reason it is either inflated house prices or deflated wages that keep the problem front and center as one has to move to correct the other.
The hedge funds are using housing as an investment strategy and they don’t need to fill them with renters. It’s just a like a savings account to them but the interest is only collected if sold. Plus I’m sure it’s part of a tax write off.
We need laws to prevent this.
Fun story I live in Houston and a broken down house which I love even though it's broken down my house payment is $500 a month and all these investors keep trying to talk me out of not selling my house go figure
We must kick private equity out of the landlord business. My kids live in apartments apartments run by incomptetent management hired by private equity who cannot be reached when something breaks.
We must kick private equity out of the landlord business. My kids live in apartments apartments run by incomptetent management hired by private equity who cannot be reached when something breaks.
Let me remind you that Democrats do focus on the working class. They are just bad at taking credit for all they do for the working class.
In the last 50 years:
- Democrats have created over 50 million jobs
- Republican have created 1 million jobs
And have wages meaningfully increased in that time due to legislation? Have working conditions improved significantly? And has wealth been dispersed more equitably?
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Wall Street hedge funds are largely behind the housing crisis and too-high rents. Just another market for them to make bank while everyone else suffers.
You forgot about the greedy single family homeowner who refuses to allow anything in their neighborhood unless it is a single family home on an acre lot. Because affordable housing won't be built one home at a time
Comments
I finally realized that big investors want to buy my home, so that they can turn around and charge exorbitant rental fees. That is what’s causing the home shortage in this country.
Sorry for geeking out there. My autism was itching.
#NORTOPOLICIES #W33E
https://m.youtube.com/watch?v=hNDgcjVGHIw
Rich landlords charge exorbitant rents. They also refuse to keep up their properties with proper, effective maintenance.
Terrible predicament for renters!
https://www.theguardian.com/us-news/2019/mar/26/blackstone-group-accused-global-housing-crisis-un
and when the housing market crashes, and people are in desperate need of rentals….. the greed will skyrocket
It’s my greatest sadness that the rest of humanity will also go extinct with them since radiation poisoning knows no financial status.
ghua
That plus after the 2008 crash, building slowed to a snail's pace
1/2
We need laws to prevent this.
In the last 50 years:
- Democrats have created over 50 million jobs
- Republican have created 1 million jobs
Just ordered a total of four t-shirts for my parents and husband, collect yours now👕🌐🇺🇸
1. Guilty
2. Not Guilty
3. No Contest
4. "I would like to announce
at this time my candidacy for
President of the United States
of America!"